EU to end reliance on post-Brexit London for clearing euro derivatives
The European Union stated that its provisional agreement to remove the bloc's significant reliance on a post-Brexit…
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Snap loses ground to bigger competitors
Snap's stock fell 31 per cent on Wednesday as its revenue for the fourth quarter fell short of Wall Street's…
TotalEnergies stops navigating Red Sea
TotalEnergies stated that the journey of its ships to Europe has been prolonged since the company stopped sending…
S. Arabia’s Savola group to issue Almarai stake to shareholders
Saudi Arabia's Savola announced that it intends to give its eligible shareholders a 34.52 per cent stake in the…
Thailand leaves rate unchanged for 2nd time
Bank of Thailand fix its benchmark interest rate for the second consecutive meeting defying government pressure to…
LNG firm Tellurian considers selling upstream operations
Tellurian, LNG company announced that it is considering selling its Haynesville upstream to raise money for its…
Egypt’s stocks close all red on Feb.6
Egypt’s stock market closed in the red area on Tuesday. The main index, EGX30 dropped by 1.43 per cent, to…
Diamond producer De Beers sings 3 new contracts with Angola
Diamond producer De Beers, a division of Anglo America, has inked three new contracts with Angola to support…
Saudi Arabia’s Al Hokair to operate Egypt’s Magic Land
The Egyptian Media Production City announced that it has granted Al Hokair Group the ownership of its entertainment…
S. Arabia leaves Arab Light crude price to Asia untouched
S. Arabia kept the price for its flagship Arab Light crude to Asia in March untouched at a level that is more than…